Alberta readies 400 MW green push (renews)
Competitive procurement due in 2017 in bid to meet 5 GW target
The Alberta government has set a target of 5 GW of renewable energy to meet its goal of 30% clean electricity by 2030.
The power contracts will be similar to contract for difference agreements that would top-up developer revenues when prices fall using carbon revenues from large industrial emitters.
A carbon levy will be imposed on all carbon-based fuels as of 1 January 2017. The province plans to hold successive renewable energy calls over the next decade.